Posted by tkl88 > 2020-12-07 09:51 |

Post removed.Why?

Posted by tkl88 > 2020-12-07 09:52 |

Post removed.Why?

Posted by Taeyeon09 > 2020-12-07 09:57 | Report Abuse

Buy before too late, going to second wave of bullish, tp 0.8

Posted by khatulistiwa1234 > 2020-12-07 09:57 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-12-07 09:58 | Report Abuse

Predict Morning up final , will down one weeks time ......all time down ward .

Posted by khatulistiwa1234 > 2020-12-07 09:59 | Report Abuse

Trend line is HUGE REVERSE ,plus movies is getting end .

Posted by khatulistiwa1234 > 2020-12-07 10:00 | Report Abuse

SAD and PAIN ending .

Posted by IvanC > 2020-12-07 11:50 | Report Abuse

uptrend continue :)

Posted by Taeyeon09 > 2020-12-07 12:05 | Report Abuse

According chart signal, going to uptrend, will hit 0.7 in anytime soon

Posted by khatulistiwa1234 > 2020-12-07 15:06 | Report Abuse

HUGE DUMPING on pending , sudden plunged arrived , be prepared the worst .

Posted by ming > 2020-12-07 19:55 | Report Abuse

Lol.. sudden come a right issue

Posted by frankietan > 2020-12-07 19:57 | Report Abuse

ming , good news or bad news.

Posted by TheContrarian > 2020-12-07 20:03 | Report Abuse

Bad news.

Posted by smartly > 2020-12-07 20:27 | Report Abuse

propose RI with wa
36sen
ratio 1:2

Posted by jeffng570 > 2020-12-07 20:36 | Report Abuse

this right issue how to count? any sifu teach me here?

Posted by smartly > 2020-12-07 20:54 | Report Abuse

anything below 36sen holland liao....maybe consolation on wa

Posted by tkl88 > 2020-12-08 00:08 | Report Abuse

Masteel seeks RM81.5mil via rights issue exercise
Monday, 07 Dec 2020 7:10 PM MYT

KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) is seeking to raise up to RM81.5mil by selling rights shares with free detachable warrants.

The proposed rights issue to be undertaken would be on the basis of one rights share for every two existing Masteel shares held, on an entitlement date to be determined at a later date.

Based on the issue price of 36 sen per rights share, the exercise is expecte dto raise gross proceeds of between RM81.1mil and RM81.5mil.

The company has allocated up to RM69mil for working capital requirements, RM10mil for the repayment of bank borrowings, and the balance RM2.5mil to defray the estimated expenses.

Masteel managing director and CEO Tai Hean Leng said the company has employed the latest steel melting technology to optimise its cost.

“We are witnessing an upcycle in steel demand within both the local and regional markets, as governments prioritize high-multiplier infrastructure developments and construction projects to stimulate economic growth," he said in a statement today.

"This is clearly advantageous for established steel manufacturers like us who have both capacity and competitiveness to reap the benefits of this recovery," he added.

Masteel is expecting to commission a third manufacturing plant in the first quarter of 2021, that would increase its productivity and expand the versatility of the Group’s product range to eventually include alloy and stainless steel.

Posted by tkl88 > 2020-12-08 00:12 | Report Abuse

Good news, can buy more RI @0.36 and sell it above @0.50 !
Some more got free warrants !

Huat ah ! Heng ah ! Ong ah !

Posted by daffdasf > 2020-12-08 08:20 | Report Abuse

gone case... RI come out, later become a selling pressure day today..muahahaha

Posted by Jo1234 > 2020-12-08 08:33 | Report Abuse

If the steel price keep going up, Masteel will make more profits and its shares will keep going up. The right issue at 36 cents with free warrants is attractive

Posted by smartly > 2020-12-08 09:52 | Report Abuse

holland

Posted by Lizzyjoker > 2020-12-08 10:01 | Report Abuse

I am a newbie. Can somebody explain to me the effect of the right issue to the trend?

Posted by khatulistiwa1234 > 2020-12-08 10:51 | Report Abuse

Bad news , leak news form spy firm , today will reach 0.36 , coz the right share condition , is too irritating .

Posted by TheContrarian > 2020-12-08 11:02 | Report Abuse

Luckily I escaped at 51-52 sen.

Posted by jackfruit > 2020-12-08 11:11 | Report Abuse

If right plus warrant 0.36sen surely they will push to 1.00 for your to subcrib and celebrate loh....

Posted by TheContrarian > 2020-12-08 11:24 | Report Abuse

Hahahaha

Posted by khatulistiwa1234 > 2020-12-08 11:29 | Report Abuse

NEWS SPREAD < BIG BIG RISE ON PENDING , AFTER CONTRA get SLAUGHTERING OFF .

Posted by khatulistiwa1234 > 2020-12-08 11:30 | Report Abuse

Today rumour say 0.70

Posted by khatulistiwa1234 > 2020-12-08 11:30 | Report Abuse

TAI SIR monitor the alcoholic leading up trend ...

Posted by khatulistiwa1234 > 2020-12-08 11:31 | Report Abuse

HENG ONG HUAT LOL

Posted by khatulistiwa1234 > 2020-12-08 11:32 | Report Abuse

GRAFT indicated SECOND RIDER , head on shoulder .

Posted by khatulistiwa1234 > 2020-12-08 11:33 | Report Abuse

VERY VERY FIERCE BULLISH .....0.70

Posted by khatulistiwa1234 > 2020-12-08 11:33 | Report Abuse

GRAFT indicated on spot RISE , not more delay .

Posted by IvanC > 2020-12-08 11:34 | Report Abuse

RI normally will get price correction. wait....

Posted by khatulistiwa1234 > 2020-12-08 11:34 | Report Abuse

BULL ON MAKING

Posted by khatulistiwa1234 > 2020-12-08 11:34 | Report Abuse

LIMIT UP short ward .

Posted by smartly > 2020-12-08 11:36 | Report Abuse

this ri not attractive at all. give la more wa instead

Posted by khatulistiwa1234 > 2020-12-08 11:38 | Report Abuse

OFF SHORE PUMP IN ......after 12.00 , GAP UP to full force LIMIT UP .

Posted by khatulistiwa1234 > 2020-12-08 11:39 | Report Abuse

RISE FIERCE BACK .

Posted by khatulistiwa1234 > 2020-12-08 11:39 | Report Abuse

PREPARED THE SUPER BULLISH , 0.60 just a while .

Posted by khatulistiwa1234 > 2020-12-08 11:41 | Report Abuse

BULL RUN , BULL RUN , EVEN BULL RUN , 0.60 on fast fabulous achieve .

Posted by EngineeringProfit > 2020-12-08 11:41 | Report Abuse

Your paper gains are drowning you, khatul

Cheer$ for the profit$$$$$$$$$$$$$$$

Posted by khatulistiwa1234 > 2020-12-08 11:42 | Report Abuse

ANNJOO already MOVING BACX

Posted by khatulistiwa1234 > 2020-12-08 11:42 | Report Abuse

LSTEEL also , RISE BACK .

Posted by khatulistiwa1234 > 2020-12-08 11:43 | Report Abuse

MERCURY RISING TAKE PART , RIDER ON SPOT .

Posted by khatulistiwa1234 > 2020-12-08 11:44 | Report Abuse

TAKE ALL .....swallow finished , GAP UP UNTIL OUT PLANET < ROCKET UP HIGHLY PERDICTED

Posted by khatulistiwa1234 > 2020-12-08 11:45 | Report Abuse

ALL TAKE AWAY , 0.475 appear ......0.49 ....0.515

Posted by khatulistiwa1234 > 2020-12-08 11:46 | Report Abuse

BIG PILE ON STANDBY , straight away LIMIT UP .

Posted by khatulistiwa1234 > 2020-12-08 11:48 | Report Abuse

ROCKET UP >>>>>LOL

Posted by khatulistiwa1234 > 2020-12-08 11:48 | Report Abuse

0.45 in FAST FABULOUS ACROSS , 0.475 straight away .